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Unifi Sales Rise for Fifth Straight Quarter as Higher Raw Material Costs Hit Profits

Unifi Inc. knit together gains in revenue and income on strong product demand, but cost pressures cut into operating profits. In a Nutshell: Unifi Inc., the Greensboro, N.C.-based yarn manufacturer, was able to achieve solid increases in net sales and income in the fourth quarter despite having to deal with ongoing pressure as a result…

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